Cao Jing, Deputy Researcher at the Chinese Academy of Social Sciences Financial Research Institute: The goal of creating more than 12 million new jobs conveys our determination to ensure stable employment and improve people's livelihoods.

Cao Jing, associate researcher at the Institute of Finance of the Chinese Academy of Social Sciences, said in an interview with Shanghai Securities News that employment is the foundation of people's livelihood. The goal of creating more than 12 million new jobs conveys the determination to stabilize employment and protect people's livelihood, which is beneficial for stabilizing residents' income expectations and boosting consumption willingness. The 2% inflation target remains the same as last year, indicating a policy direction to promote a reasonable increase in prices and break the cycle of low inflation.